ECB sets new climate risk requirements for banks

ecb

The European Central Bank unveiled new requirements for banks on climate-related and environmental risks for banks today (November 27).

The ECB also released a report saying only 3% of the eurozone banks it surveyed fully disclose all of what it terms “basic climate-related information”.  

It published a guide to the new regulations, which have come into force with immediate effect. In early 2021, the ECB will require banks to carry out self-assessments of their structures and practices.

Late

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: